Top End Energy Limited · ASX:TEE
Top End Energy — Non-Deal Roadshow (August 2025)
18 slides from Top End Energy's roadshow presentation, Aug 6, 2025
Slide 1: America's Next Energy Boom
AMERICA’S NEXT ENERGY BOOM NORTH AMERICAN ROADSHOW AUGUST 2025 AHEAD OF A SPONSORED ADR LISTING ON OTCQX
Slide 2: Disclaimer
DISCLAIMER This presentation (Presentation) is dated 6 August 2025 and has been prepared and authorised by Top End Energy Limited (ASX: TEE) (ACN 650 478 774) (the Company) for the sole purpose of providing preliminary background information to enable recipients to review the business activities of
Slide 3: Corporate Snapshot
A S X : T E E CORPORATE SNAPSHOT CAPITAL STRUCTURE BOARD & MANAGEMENT (ASX:TEE) (AU$) Share Price (5 August 2025) $0.037 Luke Velterop Chief Executive Officer Shares on Issue 280M • Energy exploration & new energy projects • Founding developer of the Serpentine Natural Hydrogen Project Market Capita
Slide 4: Fast-track to industry leadership delivering low-cost, low-carbon natural hydrogen
A S X : T E E FAST-TRACK TO INDUSTRY LEADERSHIP BY DELIVERING LOW-COST AND LOW-CARBON NATURAL HYDROGEN TO EXISTING MID-WEST DEMAND OUR MISSION TO PIONEER A SUSTAINABLE ENERGY FUTURE 2
Slide 5: Serpentine Natural Hydrogen Project positioned in one of the world's most prospective plays
A S X : T E E SERPENTINE NATURAL HYDROGEN PROJECT POSITIONED IN ONE OF THE TOP END ENERGY ACREAGE WORLD'S MOST PROSPECTIVE PLAYS HYTERRA ACREAGE KOLO MA ACREAGE KOLO MA WELLS ▶ Global Hotspot This exploration-stage venture covers more than 30,000 acres in the heart of a globally recognised natural h
Slide 6: The first source of primary energy to be discovered in a century
A S X : T E E NATURAL HYDROGEN POLLUTING THE FIRST SOURCE OF PRIMARY ENERGY TO BE DISCOVERED IN A CENTURY GREY HYDROGEN BLUE HYDROGEN Manufactured from Manufactured from ▶ Why Hydrogen? fossil fuels methane with CCUS A global push towards net-zero has accelerated demand for scalable, low-carbon CHEA
Slide 7: A project's value is only as strong as its market access
A S X : T E E A PROJECT’S VALUE IS ONLY AS STRONG AS ITS MARKET ACCESS In Kansas, we're at the crossroads of mature agricultural and industrial markets - a rare alignment of resource, infrastructure and offtake PROJECT VS POTENTIAL 5
Slide 8: Targeting existing hydrogen demand within U.S. Mid-West
A S X : T E E HYDROGEN MARKET TARGETING EXISTING HYDROGEN MIDWEST U.S. ANHYDROUS AM M ONIA PRICES DEMAND WITHIN U.S. MID-WEST ▶ Mature $5B Mid-West Market PRICE (USD PER TON) We're focused on established ammonia (NH3) driven demand across the U.S. Corn Belt (Kansas, Nebraska and Iowa) where fertiliz
Slide 9: Applying the U.S. shale playbook to unlock a new energy frontier
A S X : T E E AMERICA’S NEXT ENERGY BOOM APPLYING THE U.S. SHALE PLAYBOOK TO UNLOCK A NEW ENERGY FRONTIER ▶ Stage 1: Proof of Concept BARNET SHALE PRODUCTION (M Mscf/d) In the late 1990’s and early 2000’s, the advent of fracking combined with horizontal drilling transformed tight reservoirs into hig
Slide 10: 2025 Exploration Strategy
A S X : T E E 2025 EXPLORATION STRATEGY Leasing Phase Pre-Drill Phase Exploration Phase Q1, 2025 Q2 & Q3, 2025 Q4, 2025 • Completed acquisition • Technical appointments • Joint development with of Serpentine Energy farm-in partners • Prospective Resource assessment • Secured strategic position • Adv
Slide 11: USGS natural hydrogen prospectivity map
A S X : T E E USGS has unveiled its natural hydrogen prospectivity map WE CALCULATE THE ENERGY CONTENT OF THE ESTIMATED RECOVERABLE AMOUNT OF HYDROGEN TO BE ROUGHLY TWICE THE AMOUNT OF ENERGY IN ALL THE PROVEN NATURAL GAS RESERVES ON EARTH UNITED STATES GEOLOGICAL SURVEY, 2024 9
Slide 12: Independent assessment of recoverable hydrogen resource volumes
A S X : T E E PROSPECTIVE RESOURCE VOLUMES INDEPENDENT ASSESSMENT OF THE RECOVERABLE HYDROGEN RESOURCE VOLUMES ▶ Resource Density NET RECOVERABLE PROSPECTIVE HYDROGEN RESOURCE Recoverable volumes across the Project lease holding indicate a strong resource density that underpins its technical viabili
Slide 13: Why Invest?
A S X : T E E WHY INVEST? ▶ De-Risking Underway Recent exploration drilling confirms an active hydrogen system, with independent resource estimates reinforcing the Project’s potential ▶ Fast Follower Advantage We’re moving fast using a proven road-map and exploration strategies defined by first move
Slide 14: Beetaloo Sub-basin, Northern Territory, Australia
A S X : T E E BEETALOO SUB-BASIN, NORTHERN TERRITORY, AUSTRALIA ▶ Proven Basin TOP END ENERGY EP 153 and EP 154 are located in the Beetaloo Sub-basin directly north of TAMBORAN Tamboran Resources (NYSE: TBN, ASX: TBN) EP 98 and the Shenandoah prospect RESOURCES SANTOS ▶ Key Results EMPIRE Flow testi
Slide 15: Contact
Contact Luke Velterop Chief Executive Officer +1 (785)-410-3840 luke@serpentineenergy.com Top End Energy Ltd (ASX: TEE, US ADR Pending) is an industrial gas explorer In Kansas, USA, the Company is advancing the Serpentine Natural Hydrogen Project, with exclusive rights over more than 30,000 acres in
Slide 16: Low carbon, low impact, efficient & sustainable
A S X : T E E LOW CARBON, LOW IMPACT, EFFICIENT & SUSTAINABLE CARBON INTENSITY (kg CO 2 e/kgH 2) ENERGY REQUIRED (kWh/kgH 2) 55 9 46 0.1 0.1 3 GREEN HYDROGEN GREY HYDROGEN NATURAL HYDROGEN GREEN HYDROGEN GREY HYDROGEN NATURAL HYDROGEN WATER USE (gal/kgH 2) SURFACE FOOTPRINT (mi 2) >300 4 3 48 0.02 0
Slide 17: Pairing conventional traps with a vast unconventional basement play
A S X : T E E HYDROGEN PLAY CONCEPTS PAIRING CONVENTIONAL TRAPS WITH A VAST UNCONVENTIONAL BASEMENT PLAY ▶ Key Elements of Hydrogen System Hydrogen exploration shares many of the same critical success factors H 2 ACCUMULATION CONVENTIONAL e al as hydrocarbons, allowing us to leverage existing knowle
Slide 18: Added value and near-term commercialisation
A S X : T E E HELIUM POTENTIAL ADDED VALUE AND NEAR-TERM COM MERCIALISATION ▶ Co-Existing Gases Natural hydrogen exploration is increasingly detecting significant helium concentrations. Both gases are generated in or adjacent to crystalline basement and migrate together along the same fracture netwo